HSBC 2005 Annual Report Download - page 303

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24 Investments in subsidiaries
Principal subsidiary undertakings of HSBC Holdings
Country of
incorporation
or registration
HSBC’s
interest in
equity capital
%
Issued equity
capital
Europe
HFC Bank Limited .................................................................................... England 100 £109m
HSBC Investments (UK) Limited (formerly HSBC Asset Management
(Europe) Limited) .................................................................................. England 100 £142m
HSBC Asset Finance (UK) Limited ........................................................... England 100 £265m
HSBC Bank A.S. ....................................................................................... Turkey 100 TRL277m
HSBC Bank Malta p.l.c. ............................................................................ Malta 70.03 Lm9m
HSBC Bank Middle East Limited ............................................................. Jersey 100 US$331m
HSBC Bank plc ......................................................................................... England 100 £797m
HSBC France (formerly CCF S.A.) ........................................................... France 99.99 €372m
HSBC Guyerzeller Bank AG ..................................................................... Switzerland 100 SFr95m
HSBC Insurance Brokers Limited ............................................................. England 100 £2.8m
HSBC Life (UK) Limited .......................................................................... England 100 £94m
HSBC Private Bank (Guernsey) Limited1 .................................................. Guernsey 100 US$5m
HSBC Private Bank (Suisse) S.A. ............................................................. Switzerland 100 SFr683m
HSBC Private Bank (UK) Limited ............................................................ England 100 £177m
HSBC Trinkaus & Burkhardt KGaA (partnership limited by shares) ........ Germany 77.89 €70m
Hong Kong
Hang Seng Bank Limited .......................................................................... Hong Kong 62.14 HK$9,559m
HSBC Insurance (Asia) Limited ................................................................ Hong Kong 100 HK$125m
HSBC Life (International) Limited ............................................................ Bermuda 100 HK$327m
The Hongkong and Shanghai Banking Corporation Limited ..................... Hong Kong 100 HK$22,494m
Rest of Asia-Pacific
HSBC Bank Australia Limited .................................................................. Australia 100 A$811m
HSBC Bank Egypt S.A.E. ......................................................................... Egypt 94.53 E£500m
HSBC Investments (Taiwan) Limited (formerly HSBC Asset Management
(Taiwan) Limited) ................................................................................. Taiwan 100 TWD788m
HSBC Bank Malaysia Berhad ................................................................... Malaysia 100 RM$114m
North America
The Bank of Bermuda Limited .................................................................. Bermuda 100 US$30m
HSBC Bank Canada ................................................................................. Canada 100 C$1,125m
HSBC Bank USA, N.A. ............................................................................. United States 100 US$2m
HSBC Finance Corporation ....................................................................... United States 100 US$2,875m
HSBC Mexico S.A. ................................................................................... Mexico 99.74 MXP3,772m
HSBC Securities (USA) Inc. ...................................................................... United States 100 –2
HSBC Technology & Services (USA) Inc. ................................................ United States 100 –2
South America
HSBC Bank Argentina S.A. ...................................................................... Argentina 99.99 ARS926m
HSBC Bank Brasil S.A. – Banco Múltiplo ................................................ Brazil 100 BRL1,930m
HSBC La Buenos Aires Seguros S.A. ........................................................ Argentina 99.53 ARS44m
HSBC Seguros (Brasil) S.A. ...................................................................... Brazil 97.92 BRL194m
Maxima S.A. AFJP .................................................................................... Argentina 59.99 ARS200m
1HSBC also owns 100 per cent of the issued redeemable preference share capital of US$17 million.
2Issued equity capital is less than US$1 million.
All of the above subsidiaries are included in the consolidation.
Details of all HSBC companies will be annexed to the next Annual Return of HSBC Holdings filed with the UK
Registrar of Companies.
All the above make their financial statements up to 31 December except for HSBC Bank Argentina S.A., HSBC La
Buenos Aires Seguros S.A. and Maxima S.A. AFJP, whose financial statements are made up to 30 June annually.
The principal countries of operation are the same as the countries of incorporation except for HSBC Bank Middle
East Limited which operates mainly in the Middle East, and HSBC Life (International) Limited which operates
mainly in Hong Kong.